Today's Trading Signals Bluzelle
Action: Buy $BLZ
Entry: $0.1700 - $0.1750
TP1: $0.1900
TP2: $0.2150
SL: $0.1580
DCA: Consider adding at $0.1600 for a better average.
Bluzelle, BLZ has shown strong momentum over the past week, with a 24.57% increase in price and significant 24-hour volume of $19.37M. The market cap of $79.37M and fully diluted valuation of $87.69M suggest room for growth, particularly given its recovery from long-term lows and the recent price surge.
Bluzelle is still down 77.6% from its all-time high of $0.7831 in February 2018, indicating long-term holders may view this as a recovery phase. Short-term volatility is likely, so set appropriate stop losses and manage risk effectively.
Trade at your own risk. DYOR (Do Your Own Research).
#Share1BNBDaily #BLZ #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3